| CMG latest price $1535.0400 (-0.48%) ($1526.7950 - $1558.8800) on Fri. Apr. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 69 |
Latest Price | $1535.0400(-0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.1% a day on average for past five trading days. |
Weekly Trend | CMG advances 3.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(63%) IVW(62%) QQQ(61%) VUG(60%) SKYY(59%) |
Factors Impacting CMG price | CMG will decline at least -0.975% in a week (0% probabilities). VIXM(-36%) UUP(-16%) VXX(-12%) TBT(-6%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.975% (StdDev 1.95%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.1% |
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